---
title: "Soyea Technology to Auction 27.5% Stake in Xiangtai Real Estate"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/244421255.md"
description: "Soyea Technology subsidiary Zhongxing Real Estate will publicly auction a 27.5% stake in Xiangtai Real Estate for at least 184.2 million yuan via the Hangzhou Property Rights Exchange. Xiangtai Real Estate incurred a net loss of 9.6 million yuan in 2024, according to a Friday filing with the Shenzhen bourse. The sale, approved by Sooyoung's board, aims to streamline operations and improve profits. Shares of the real estate company closed 4% lower Friday."
datetime: "2025-06-13T10:20:06.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/244421255.md)
  - [en](https://longbridge.com/en/news/244421255.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/244421255.md)
---

> Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/244421255.md) | [繁體中文](https://longbridge.com/zh-HK/news/244421255.md)


# Soyea Technology to Auction 27.5% Stake in Xiangtai Real Estate

Soyea Technology subsidiary Zhongxing Real Estate will publicly auction a 27.5% stake in Xiangtai Real Estate for at least 184.2 million yuan via the Hangzhou Property Rights Exchange.

Xiangtai Real Estate incurred a net loss of 9.6 million yuan in 2024, according to a Friday filing with the Shenzhen bourse.

The sale, approved by Sooyoung's board, aims to streamline operations and improve profits.

Shares of the real estate company closed 4% lower Friday.

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